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ABB India reports 54% rise in Q4 net profit

09 Feb 2016 Evaluate

ABB India has reported results for fourth quarter and full year ended December 31, 2015.

The company has reported 53.75% rise in its net profit after exceptional items at Rs 129.40 crore as compared to Rs 84.16 crore for the same quarter in the previous year. The company’s total income has increased by 8.11% to Rs 2435.89 crore for the quarter under review from Rs 2253.10 crore for the corresponding quarter of the previous year.

For the full year, the company has reported 31.23% rise in its net profit after exceptional items at Rs 299.88 crore for FY15 as compared to Rs 228.51 crore in FY14. The company’s total income has increased by 5.20% to Rs 8153.31 crore for FY15 from Rs 7750.55 crore for the previous year.

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